used in its business operation of One Sukhumvit 59. The Company plan for the investment in the real estate development project of the hotel and serviced apartment. In this regard, such transaction

. Decrease in cash, cash equivalent and short-term investments of THB 1,050.7 mm, which was mainly from higher capital expenditure, align with the Company expansion. 5. Decrease in cost of real estate

March 31, 2019, company and subsidiaries had less total assets than the period March 31,2018 at Baht 54.15 million or 4.48%, because of the Cost of real estate development projects for sales, deposit for

November 14, 2019 Re: Clarification of the operating results of company and its subsidiaries for the three month period end March 31, 2019 To: President The Stock Exchange of Thailand K.C. Property

September 30, 2020, company and subsidiaries had less total assets than the period September, 2020 at Baht 60.44 million or 6.60%, because of the cost of real estate development projects for sales, deposit

subsidiaries’ total assets decreased from the same period of 2015 by Baht 197.80 million or a 9.60 percent decrease because the Company and its subsidiaries’ assets were mainly related to the costs of real

6 December 2007 1 | P a g e Pace Development Corporation Public Company Limited 87/2 CRC Tower All Seasons Place, 45th Floor, Unit 4, Wireless Road, Lumpini, Pathumwan, Bangkok 10330 Tel. 66 2 654

Asset of the company Consideration = 282/337.74 = 83.5% 4. Share Value = Not used because the acquired asset is real estate Remarks: NTA = Net Tangible Asset is calculated from total asset subtract

the statement of comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the disposal of assets, the Company has

Acquisition and Disposition of Assets, 2004. However, the Company would like to disclose such information because the Company has informed the shareholders that the Company has acquired this land for real